Cooperative-Health-Report-2018.Pdf

Total Page:16

File Type:pdf, Size:1020Kb

Cooperative-Health-Report-2018.Pdf This report refers to the first edition of “The cooperative health report 2018: Assessing the worldwide contribution of cooperatives to healthcare”, an exploratory study conducted by Euricse in partnership with the International Health Co-operative Organization (IHCO), a Sector of the International Co-operative Alliance. Members of the project scientific committee are Carlo Borzaga (University of Trento/Euricse), José Carlos Guisado (IHCO, former President), Jose Pérez Arias (IHCO, Secretary General), Bruno Roelants (CICOPA), Michael Roy (Glasgow Caledonian University), Gianluca Salvatori (Euricse), Angelo Stefanini (University of Bologna) and Carlos Zarco (IHCO, President). The project research team includes Giulia Galera, Giulia Colombini, Michela Giovannini, Chiara Carini, Anna Berton and Emilio Vivarelli (Euricse). National Researchers who contributed to national case studies include Enzo Pezzini (Belgium), Adriane Vieira Ferrarini and Bruno Gomes de Assumpção (Brasil), Vanessa Hammond (Canada), Jean-Pierre Girard (Canada-Quebec), Akira Kurimoto (Japan), Millán Díaz-Foncea and Carmen Marcuello (Spain). Euricse and IHCO are grateful to all of the cooperative organizations that participated in the research by sharing data and materials on their projects and activities. This work would not have been possible without their support. 2 To the memory of † José Carlos Guisado. 3 EXECUTIVE SUMMARY The transformation of health care systems: Main trends and challenges To address people’s health needs, many nations have developed diverse types of health care systems. Country variations largely depend upon the level of public regulation of the related health activities, the financing mechanism and the degree of coverage for sickness and health problems. Furthermore, the nature and governance of the organizations managing the delivery of health services also impact the shaping of health care systems. The nations covered by this stage of our research exclude low-income countries, i.e. most African and some Asian countries, which lack health care systems altogether. Although the present research explores different types of well-structured health care systems, organizations supplying health services are significantly diverse; they include public, private non-profit, mutual, cooperative or private for-profit organizations. When considering the roles played by the different service providers, four typologies of health care systems have been identified. This way of classifying health care systems is meant to shed light on the complexity of the health care supply, particularly on the role played by health cooperatives and mutual aid societies. The systems identified are the following: Almost exclusively public health care systems with private actors, for-profits, non-profits and cooperatives covering a marginal function; Universal health care systems where public actors have integrated the pre-existing private mutual and non-profit organizations; Health care systems conceived to ensure public universal coverage, which have, however, failed to ensure access to health services to all population groups; and Mixed health care systems where only basic health services are ensured by public policies targeting low-income groups. In each health care system identified, the role of mutual aid societies and cooperatives tends to increase in importance over time. There is nonetheless a progressive shift from the first towards the fourth type, which can be interpreted as a reaction to the mounting difficulties all these systems are facing. Key problems and challenges faces by the health sector All systems analysed share a number of problems, which can be regarded as a consequence of the evolution of both the demand for and supply of health services. These include, among others, an increase in health expenditure to meet pressing health demands, i.e. demand for long-term care services due to longer life expectancy, which leads to increased rates of morbidity; the difficulties of most health systems to organize preventive care; long wait times for healthcare; and the general 4 difficulty to contain rising health costs. These common problems have, in turn, four main implications: A progressive and relatively selective reduction in health care coverage and increasing inequality among individuals and groups and between urban and rural areas; Increased user resource withdrawal through ticket imposition in the public health care systems and through the increased cost of private coverage and out-of-pocket expenditures in both public and private systems; More intense pressure on health care workers (especially medical doctors) to increase their productivity; and A growing gap between the demand for personalized services and standard health care provision, which calls for innovative organizational developments. Policy makers have so far been unable to propose clear and long-term solutions. The most widespread policy responses have been the decentralization from national to regional authorities and the growing valorisation of private providers as a consequence of the privatization of health care service delivery. However, the privatization of health care has primarily been implemented by favouring for-profit providers, while health cooperatives have been largely disregarded by policy makers. Overall, the potential of health cooperatives is still far from fully harnessed. Based on our research, there are three main reasons that help explain why their potential has been underestimated: The tendency not to differentiate among private providers and the assumption that for-profit actors perform better than public, non-profit and cooperative organizations—often assimilated by the public one—due to their higher efficiency. The complexity of the non-profit and cooperative supply of health care—particularly, the different forms, activities, sizes and features exhibited by this varied organizational landscape across the globe. This complexity makes it difficult to extrapolate and quantify the weight of non-profit health care-oriented organizations separate from generic ‘private’ organizations. The lack of reliable and complete data on the true relevance of these actors, especially on the capacity of health cooperatives to perform health services and address health needs. The progressive revival of health cooperatives If one considers the pressing need to counteract mounting difficulties faced by health care systems worldwide and the several market failures faced by the health domain, i.e. the inability to pay for services and the information asymmetry between insurers and the insured and between patients and physicians, neither the key role of health care cooperatives, nor their revitalization are surprising. Despite having been downsized during the construction of public health care systems, mutual aid societies and cooperatives never disappeared altogether, even in countries with universal public health systems. Meanwhile, in countries with mixed universal health care systems (consisting of public and private providers) health cooperatives have continued to serve their members over the past two centuries without interruption. 5 However, for a health cooperative revival to happen fully, health care authorities and related workers need to better understand the role, relevance and potential of health cooperatives. This was precisely the main goal pursued by the research project ‘Health care cooperatives and mutual aid societies worldwide: Analysis of their contribution to citizens’ health’, commissioned by the IHCO. IHCO research aims and outcomes IHCO and the European Research Institute on Cooperative and Social Enterprises (Euricse) agreed to jointly develop a multi-annual research initiative on the contribution of health care cooperatives to improve people’s health and wellbeing across the world. They aimed to publish an annual report containing—for a progressively growing number of countries—both quantitative and qualitative analyses of health care cooperatives and mutual organizations as well as the systems in which they operate. The first year of the research study focused on 15 countries, selected among those that have a structured health care system. These include Argentina, Australia, Belgium, Brazil, Canada, Colombia, France, Italy, Japan, Malaysia, Singapore, Spain, Sweden, the United Kingdom (UK) and the United States. For each of these countries, Euricse developed a profile focused on the main features of health care cooperatives vis-à-vis the health care system. In-depth case studies of these cooperatives’ main features were delivered in Belgium, Brazil, Canada, Italy, Spain and Japan. The research initiative investigated various types of cooperatives: cooperatives of health practitioners, mainly doctors; user/patient cooperatives; and multi-stakeholder cooperatives, but also other types of co-operatives, like agricultural cooperatives, which provide different types of health services. Research Methods The present research project was based on quantitative and qualitative methodologies. Data analysis was based on the collection, aggregation and synthesis of already existing data obtained through available statistical and research reports, scientific papers and online databases. We also relied on data directly provided by the selected organizations. The quantitative research was integrated by a case study analysis focused on six country studies, which allowed for a more in-depth analysis of both the universe of health cooperatives in each country
Recommended publications
  • Learning to Collaborate Interprofessionally in Health Care
    Learning to collaborate interprofessionally in health care Proefschrift voorgelegd tot het behalen van de graad van doctor in de medische wetenschappen aan de Universiteit Antwerpen te verdedigen door Giannoula Tsakitzidis Promotoren Prof. dr. Paul Van Royen Prof. dr. Herman Meulemans Co-promotor Prof. dr. Steven Truijen Prof. dr. Olaf Timmermans Faculteit Geneeskunde en Gezondheidswetenschappen Antwerpen 2018 Dissertation for the degree of doctor in Medical Sciences at the University of Antwerp Proefschrift voor de graad van doctor in de Medische Wetenschappen aan de Universiteit Antwerpen Learning to collaborate interprofessionally in health care Leren interprofessioneel samenwerken in de gezondheidszorg Giannoula Tsakitzidis Promotoren: prof. dr. Paul Van Royen prof. dr. Herman Meulemans prof. dr. Steven Truijen prof. dr. Olaf Timmermans Faculteit Geneeskunde en Gezondheidswetenschappen Antwerpen 2018 Jury Promotors: prof. dr. Paul Van Royen (UA, Medicine and Health Sciences) prof. dr. Herman Meulemans (UA, Social Sciences) prof. dr. Steven Truijen (UA, Medicine and Health Sciences) prof. dr. Olaf Timmermans (HZ University of Applied Sciences, The Netherlands) Chair: prof. dr. Benedicte De Winter (UA, Medicine and Health Sciences) Members: prof. dr. Johan Wens (UA, Medicine and Health Sciences) dr. Griet Peeraer (UA, Design Sciences) dr. Yvonne van Zaalen (Fontys University of Applied Sciences, The Netherlands) prof. dr. André Vyt (Ghent University and Artevelde University College) “Knowing is not enough; we must apply. Willing is not
    [Show full text]
  • SWOT Analysis of Healthcare in Argentina 16
    Global Longevity Governance Landscape 50 Countries Big Data Comparative Analysis of Longevity Progressiveness www.aginganalytics.com 50 Regions Practical Recommendations Countries with Low HALE and Life Expectancy and High Gap: 3 Recommendations United States Iran In death ratio some improvements are observed owing to The health system is one of the most complex systems with declining death rates from the three leading causes of death many variables and uncertainties. The management of this in the country -- heart disease, cancer and stroke. But in system needs trained managers. One of the current recent years, in United States costs of healthcare provision shortcomings is lack of those specifically trained for this have started to rise much more quickly with greater use of purpose. There is all high income inequality in the country. modern technological medicine. While spending is highest, Government should improve access in healthcare coverage the United States ranks not in the top in the world for its for the families with a low income. levels of health care. So, first of all, in order to improve HALE Turkey government should improve health insurance for poor Turkey faces a health care system inefficiencies. Infant population as there is big income inequality and reduce high mortality rate is relatively high and not all population had administrative costs for cost efficiency. The government health insurance, resulting in unequal healthcare access should focus on medical advances, some improvements in among different population groups. It is need to improve lifestyle, and screening and diagnosis. access for high-quality healthcare services and target the Estonia main causes of death through government initiatives.
    [Show full text]
  • 1 “Too Small to Survive”. the Institutional Problems of Worker's Mutualism in Barcelona and the Policies of the Federation
    “Too Small to Survive”. The Institutional Problems of Worker’s Mutualism in Barcelona and The Policies of the Federation of Friendly Societies of Catalonia, 1896-1936 Fernando Largo Jiménez PhD student in Economic History. Universidad Autónoma de Barcelona IASC conference Practicing the Commons: Self-Governance, Cooperation and Institutional Change (10-14 July 2017, Utrecht) Panel session Collective Action Problems in Mutual Insurance Associations Abstract Friendly Societies were key actors in provision of social welfare in Europe between the first third of the XIXth century and the rise of welfare states. These societies were based on mutual aid and governed by rules which were largely inspired by the relief-focused brotherhoods of the Old Regime, adapted to the needs of the new industrial society. In Spain, traditional friendly societies reached their peak during the 1920s after which they began to decline. Previous works chiefly attribute this decline to factors such as the small size of many of these mutual-help networks; their ignorance of actuarial techniques; the inflation in medical costs; the membership aging; the competition of sick insurance companies and other forms of sociability and the growing role of the State in social welfare (Pons & Vilar 2011). This working-paper focus on the democratic friendly societies, self-managed and horizontals. Although these societies initially meet the conditions for sustainability proposed by Agrawal (2008), they did not manage to meet their insurance functions. As the XXth century advanced, exogenous factors forced transformations whereby social capital became a secondary concern. The societies that chose not to adapt, or did not know how, were replaced by a new type of mutualism, more technical and growth-oriented, as demonstrated by both the increase in the average size of mutual societies and the waning amounts of money spent on subsidies and social activities.
    [Show full text]
  • Activity 6 [COOPERATIVES in the SCHOOLS]
    Day 1 – Activity 6 [COOPERATIVES IN THE SCHOOLS] Activity 6 - Cooperative Facts Time: 20 minutes Objective: Students will learn some basic history and facts about cooperatives. Step 1: Instruct students to take out their handouts called “Cooperative Fact Sheets.” Give them 3-5 minutes to read them silently to themselves. Step 2: Tell students that they will play, “Find the Fact”. Have each material handler come up and get a white board for each cooperative. If the teacher does not have white boards, then have the reporter take out a notebook and a marker. Tell students that each group will get 30 seconds to find the answer to a fact question and write it on their whiteboard or notebook. At the end of the 30 seconds, each team will hold up their answers and accumulate points for each correct fact found. Team will use their “Cooperative Fact Sheet” to help them with this game. Step 3: Give an example so that students understand the game. “Who is the founding father that organized the first successful US cooperative in 1752?” After 30 seconds, call time and have students hold up their answers. For the teams who wrote, “Benjamin Franklin” say, these teams would have gotten one point. Write the team names on the board to keep track of points. Step 4: When teams understand the rules, begin the game. Below are sample questions/answers: 1. What year was the first cooperative in Wisconsin formed? A: 1841 2. What is the word that means, “The money left over after you pay all your expenses?” A: profit 3.
    [Show full text]
  • 2018 Oconto County Breakfast on the Farm
    2018 Oconto County Breakfast on the Farm When: June 10, 2018 Time: 8:00 a.m. – 1:00 p.m. Where: Sunrise Dairy 9101 State Hwy 32 Suring, WI 54174 Cost: Adults – $8.00 Children (4-10) – $4.00 Children 3 and under – FREE Presale tickets available at: Photography by Karen Peshtigo National Bank: Coleman, Gillett and Oconto Falls branches N.E.W. Credit Union: Oconto, Oconto Falls and Suring branches Sunrise Dairy—Hischke Family Lena Fast Stop Lane, Dan David, Nancy Suring Dollar Value Store Erin, Ella, Ethan Tucker, Elenore Kayla, Aubrie, Elizabeth, Luke, Robin, Carter, Joe, Kallie Sunrise Service at 7:00 a.m. Menu: Willow Road Willow Road All you can eat scrambled eggs with cheese and ham, pancakes, sausage, yogurt, apple slices, cheese, milk, orange juice, coffee, water, and ice cream sundaes. Parking Road Clay Road Entertainment: JohnsSt. Pedal Pull Inflatable Bouncers Hayes Road M R Wagon Farm Tour Antique Engine Demo Ice Cream Making Demo Wagon Rides Road Numerous Kid Activities Strolling Entertainment Suring Antique Tractor Display Petting Zoo St. JohnsSt. O’Harrow Trained Dogs Giant Sand Box Red Bank Road Chainsaw Artist Live Music—Wilber Brothers Clay Road Addie the Cow Directions to Farm: Contact Information: = Breakfast Location = Parking Jordan Rank – (920) 598-0350 No parking on State Hwy 32. One-way traffic Bobbie Windus – (920) 604-1687 on Willow Road and St. Johns Road during event. Follow traffic signs. 2017 Generous Donations Provided By: Platinum Gold Silver Bronze 24/7 Well & Pump Service 5 Corners Sportsman Club Agropur
    [Show full text]
  • Worker Cooperatives in Japan
    MASS-SPECC Chairperson’s and Managers’ Forum July 5th 2019 in Cagayan de Oro City, the Philippines. Worker Cooperatives in Japan Japan Workers’ Co-operative Union (JWCU) Board Member / International Relations Officer Osamu Nakano International Co-operative Alliance (ICA) Founded: 1895 President: Ariel Guarco (Argentine Republic) Member Countries/Organizations: 109 / 312 (2019) Regional Offices: Africa, Americas, Asia and Pacific, Europe Sectors: International Cooperative Agricultural Organization International Cooperative Banking Association Consumer Cooperatives Worldwide International Cooperative Fisheries Organization International Health Cooperative Organization Cooperative Housing International International Cooperative and Mutual Insurance Federation International Organization of Industrial, Artisanal and Service Producers’ Cooperatives (CICOPA) 2 Member individuals/coops: 1.2 Billion / 3 Million 300 largest co-operatives had a combined annual turn-over of $2.2 trillion USD. Cooperatives generate partial or full-time employment for at least 280 million individuals worldwide, either in or within the scope of co-operatives, making up almost 12% of the entire employed population of G20 countries. United Nations estimates that cooperatives support the livelihoods of almost half of the total global population. The Committee for the Promotion and Advancement of Cooperatives (COPAC) : UN Department of Economic and Social Affairs/DESA, Food and Agriculture Organization/FAO, International Labour Organization (Cooperative Unit),
    [Show full text]
  • Senior Manager Lean Process Improvement, Epmo
    The 9th Annual Operational Excellence in Financial Services Summit is just a mere 7 weeks away. Judging from the overwhelming number of business transformation and continuous improvement executives already booked on it’s proving to be an exciting summit. Sample of the attending job titles include: Senior Manager Lean Process Improvement, ePMO Senior Business Analyst, ePMO Director, Process Excellence Vice President, Investment Finance Operations Business Process Lead, Member Services Strategic Initiatives Director, Enterprise Process Management Vice President - Quality Business Process Lead Vice President, Process Management and Improvement Vice President, Process Excellence Senior Process Manager Operations Analyst Strategy & Analysis Manager Vice President, Commercial Ops Strategy and Analysis Director, Operational Risk Management Operations Analyst Manager Business Process Manager Director Program Manager Business Analyst Sr. Project Manager Vice President of Sales, North America Senior Vice President, Retirement Pmo Senior Vice President, Corporate Continuous Improvement Senior Vice President, Middle Office Leader Executive Director US Head of Operational Excellence Vice-President, Process Improvement & Service Quality Executive Director of Operational Excellence Senior Vice President Managing Director - Head of Reengineering Strategy / Continuous Process Imp Senior Vice President, Director Business Process Reengineering Senior Vice President Head of Process Excellence Vice President, Business Transformation
    [Show full text]
  • Principles and Practices in the 21St Century
    A1457 Cooperatives: Principles and practices in the 21st century Kimberly A. Zeuli and Robert Cropp ABOUT THE COVER IMAGE: The “twin pines” is a familiar symbol for cooperatives in the United States.The Cooperative League of the USA, which eventually became the National Cooperative Business Association (NCBA), adopted it as their logo in 1922.The pine tree is an ancient symbol of endurance and immor- tality.The two pines represent mutual cooperation—people helping people. C OOPERATIVES: q Publication notes ii C ont Chapter 1 1 An introduction to cooperatives Chapter 2 5 ents Historical development of cooperatives throughout the world Chapter 3 15 Cooperative history, trends, and laws in the United States Chapter 4 27 Cooperative classification Chapter 5 39 Alternative business models in the United States Chapter 6 49 Cooperative roles, responsibilities, and communication Chapter 7 59 Cooperative financial management Chapter 8 69 Procedures for organizing a cooperative Chapter 9 77 A summary of cooperative benefits and limitations Notes 81 Glossary 85 Cooperative resources 89 PRINCIPLES & PRACTICES IN THE 21ST CENTURY i Kimberly Zeuli and Robert Cropp, Assistant Publication notes Professor and Professor Emeritus in the This publication is the fourth and most extensive Department of Agricultural and Applied revision of the Marvin A. Schaars’ text, Cooperatives, Economics, University of Wisconsin—Madison, Principles and Practices, University of Wisconsin are responsible for all of the editing and most Extension—Madison, Publication A1457, July 1980. of the revised text. The following individuals What has come to be known simply as “the also contributed to various chapters: Schaars book,” was originally written in 1936 by David Erickson, Director of Member Relations, Chris L.
    [Show full text]
  • Policyholder Control of a Mutual Life Insurance Company
    Cleveland State Law Review Volume 22 Issue 3 Article 6 1973 Policyholder Control of a Mutual Life Insurance Company Buist M. Anderson Follow this and additional works at: https://engagedscholarship.csuohio.edu/clevstlrev How does access to this work benefit ou?y Let us know! Recommended Citation Buist M. Anderson, Policyholder Control of a Mutual Life Insurance Company, 22 Clev. St. L. Rev. 439 (1973) available at https://engagedscholarship.csuohio.edu/clevstlrev/vol22/iss3/6 This Article is brought to you for free and open access by the Journals at EngagedScholarship@CSU. It has been accepted for inclusion in Cleveland State Law Review by an authorized editor of EngagedScholarship@CSU. For more information, please contact [email protected]. Policyholder Control of a Mutual Life Insurance Company Buist A. Anderson* F ROM TIME TO TIME DURING the last hundred years or more, there have been discussions concerning the control or the lack of control by policyholders of mutual life insurance companies.1 While this is certainly not a new issue, there have been several recent developments. One recent development is a so-called "class action" suit brought in October 1972 against four large mutual life insurance companies in the United States District Court for the Southern District of New York.2 This antitrust suit was brought on behalf of three policyholders as representatives of a class consisting of all mutual life insurance policyholders. The complaint alleges, among other things, a conspiracy among defendant insurance companies to use outdated and antiquated mortality tables, to charge unreasonably high and redundant premium rates, and to create self-perpetuating management.
    [Show full text]
  • MUTUAL ORGANIZATIONS, MUTUAL SOCIETIES Edith Archambault
    MUTUAL ORGANIZATIONS, MUTUAL SOCIETIES Edith Archambault To cite this version: Edith Archambault. MUTUAL ORGANIZATIONS, MUTUAL SOCIETIES. Regina A. List, Helmut K. Anheier and Stefan Toepler. International Encyclopedia of Civil Society, 2nd edition, Springer, In press. halshs-02990281 HAL Id: halshs-02990281 https://halshs.archives-ouvertes.fr/halshs-02990281 Submitted on 5 Nov 2020 HAL is a multi-disciplinary open access L’archive ouverte pluridisciplinaire HAL, est archive for the deposit and dissemination of sci- destinée au dépôt et à la diffusion de documents entific research documents, whether they are pub- scientifiques de niveau recherche, publiés ou non, lished or not. The documents may come from émanant des établissements d’enseignement et de teaching and research institutions in France or recherche français ou étrangers, des laboratoires abroad, or from public or private research centers. publics ou privés. MUTUAL ORGANIZATIONS, MUTUAL SOCIETIES By Edith Archambault, Centre d’économie de la Sorbonne Université Paris1 Panthéon-Sorbonne SYNONYM Mutuals KEY WORDS Mutual Benefit Societies Mutual Insurance Companies Social economy Demutualization Welfare state Democratic governance Solidarity between members Limited profit sharing DEFINITION According to a very large definition of the European Commission (mutual organizations/societies “are voluntary groups of persons (natural or legal) whose purpose is primarily to meet the needs of their members rather than achieve a return on investment”. This large definition includes self-help groups, friendly societies, cooperatives, mutual insurance companies, mutual benefit societies, credit unions, building societies, savings and loans associations, micro-credit, burial associations, Freemasons… (European Commission, 20 Hereafter, it is a more restricted definition that is used, relying on principles shared by most mutuals in Europe, the region where they are the most widespread.
    [Show full text]
  • Belgium 2016-2022 V.U
    Country Cooperation Strategy WHO - BELGIUM 2016-2022 V.U. / Ed. Resp. : Decoster Christiaan. Place Victor Hortaplein, 40/10, 1060 - Brussel/Bruxelles. Grafisch ontwerp/Conception graphique : Thierry Sauvenière Copyright: Pavel Parmenov - 123rf.com Country Cooperation Strategy WHO - BELGIUM 2016-2022 Chapter 1 Introduction It is the first time that Belgium and the World Health Organization (WHO) sign a Country Cooperation Strategy (CCS). The CCS is a medium-term strategic frame- work for cooperation among both partners and outlines a shared agenda with priority areas of work for six years. The CCS will guide WHO in its work with Belgium in line with WHO’s global health priorities, core functions and comparative advantages. The formulation of a stra- tegic agenda ensures that the main priorities continue to be addressed irrespec- tive of changes of government and ministry officials and ensures continuity in the programme of technical assistance delivered by the Organization. Further- more, this CCS highlights Belgium’s contribution to the global health agenda in general and to WHO in specific. In the past, Belgium has had a relationship with WHO through Biennial Collabo- rative Agreements (BCAs), which mainly focused on the contributions of Belgium to WHO. This is the first time that the two parties also define a strategic agenda for joint work. This CCS covers the period from 2016 to 2022. The CCS for Belgium was elaborated over a number of months. The process in- volved internal and external consultations and provided an opportunity for Bel- gium to evaluate the aims, objectives, targets and priorities in its various active policies, strategies and action plans.
    [Show full text]
  • Co-Ops 101: an Introduction to Cooperatives Donald A
    Co-ops 101 An Introduction to Cooperatives Cooperative Information Report 55 United States Department of Agriculture CI This report provides a comprehensive summary of basic informa- tion on the cooperative way of organizing and operating a business. It covers the nature and extent of the use of cooperatives, compares cooperatives to other business structures, explains the roles vari- ous people play in a cooperative, and discusses equity accumulation and income taxation. The purpose is to make available, in a single report, the information someone would need to acquire a general understanding of how cooperatives function. Keywords: Cooperative, Business, Finance, Structure, Tax Co-ops 101: An Introduction to Cooperatives Donald A. Frederick wrote this report in 1997 and revised it in 2005. This latest revision was completed by James J. Wadsworth and E. Eldon Eversull. Cooperative Information Report 55 April 1997 Revised November 2012 Publications and information are also available on the RBS web- site: http://www.rurdev.usda.gov/rbs/pub/NEWPUB.htm Email: [email protected] for more information. The mention of brand-names, trademarks, and company names in this publication is for illustrative purposes only, and in no way con- stitutes endorsement of any commercial enterprise or product. Preface Welcome to the dynamic world of cooperation—people working together to solve common problems and seize exciting opportuni- ties. Cooperatives are business entities that people use to provide themselves with goods and services. This booklet introduces you to the attributes that distinguish a cooperative from other ways to organize and conduct a business. Its purpose is to help you understand what makes a cooperative unique.
    [Show full text]